UnitedHealth Earnings Beat, Revenue Misses In Q2

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UnitedHealth announced earnings per share of $7.12 on revenue of $62.14B. Analysts polled by Investing.com anticipated EPS of $5.18 on revenue of $63.34B.

UnitedHealth shares are up 4% from the beginning of the year , still down 2.30% from its 52 week high of $315.77 set on June 8. They are outperforming the Dow Jones which is down 6.64% from the start of the year.

UnitedHealth’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.

Citigroup had beat expectations on Tuesday with second quarter EPS of $0.5 on revenue of $19.77B, compared to forecast for EPS of $0.36 on revenue of $18.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar